This publication has been prepared for the assistance of those who are seeking information on securitisation or structured finance transactions in Bermuda, the Cayman Islands, and the British Virgin Islands. It deals in broad terms with the establishment and operation of special purpose vehicles. It is not intended to be exhaustive but merely to provide brief details and information which we hope will be of use to our clients. We recommend that our clients and prospective clients seek legal advice in the appropriate jurisdiction on their specific proposals before taking steps to implement them.
Before proceeding with the incorporation of an offshore company as part of a securitisation transaction, persons are advised to consult their tax, legal and other professional advisers in their respective jurisdictions.